Britain is expected to submit an application to leave the European Union following June 23 referendum, after which it would have two years to negotiate an exit. Below are possible consequences for Britain and the EU of a Brexit.
Reuters: The consequences of the Brexit referendum
A Union flag flies beside the London Eye in front of the Queen Elizabeth Tower (Big Ben) and The Houses of Parliament in London on June 24, 2016. Britain's economy was plunged into a dizzying unknown on June 24 as the country lurched towards the EU exit, with the world economy bracing for a hit on growth and unemployment.
